Interesting info found on other thread JP
PROFILE (7-28-99)
Axion Spatial Imaging (OTCBB: AXON) is a high technology company which provides leading edge solutions for the fast growing GIS market (Geographic Information Systems) and a link between data and position components. Axion has developed proprietary technologies for fast distribution and display of large geographic data sets. This includes image compression software that is optimized to allow for rapidly decompressing large digitized images. Axion's mapping tools are designed to enhance the ability to efficiently store, display, distribute and transfrom geographic image data. Axion's solutions have been optimized for delivery over the Internet, intranets, and wireless communications where the software has been optimized for low bandwidth, slower processors and minimal system and memory requirements (i.e. Microsoft Windows CE applications).
Axion provides solutions that require any part, or all of;
-Efficient data storage of geographic data; -Efficient means of distributing map data through a variety of media -Near real-time seamless moving map display of the information at any scale; -Better visualization of data through 2D and 3D transformations and modeling; -Build specialized applications around our technologies for a variety of markets including GPS, Defense, Government, Resource industries, Education and Telecommunications.
These solutions are combinations of consulting, software implementation, custom software development, data reformatting and preparation. They worked with companies as Paramount Pictures, Boeing, Litton and General Dynamics and were contracted by the Government of British Columbia Forestry Department and Canada Department of National Defense.
Products which are produced by AXON:
Internet and Intranet
Axion Image Server, Axion Map Server, NetAtlas.
PC Applications
AxionView, AxionVec, AxionTransform, AxionImage, AxionTools
CD-ROM Applications
3-D World Atlas, Humanscope, Humanscope Professional, Cartographic Map Projections of the World, Under African Skies.
OUTLOOK:
Initially Axion has concentrated on resource-based industries, government and military markets. Axion potential sales in these markets could exceed $50 million over the next four to five years. They are now exploring new markets in the utilities (telecommunications), agriculture and real estate sectors especially in respect to internet distribution of map and high resolution image data; plus development of associated applications (java). Initial revenues in this area may not be high, but the long term potential and exposure of the company could be excellent.
STOCK PRICE TARGET:
The company has a total of 10,014,741 shares issued (management holds 28.3%), of which 4,800,000 are in the public float. 2,800,000 shares are said to be owned by long term investors who probably would not consider selling before the stock is at a much higher level. This leaves about 2.000.000 shares that are freely traded. Axon is, we believe, highly undervalued at the current price (~ $0.8). New deals and partnerships have been announced in Juny and volume is slowly picking up, as more begin to see AXON's potential. Also AXON is already operating in the black. More news is 'expected' to come this week. short term 1.3 middle term 2.5 long term 5,0
LINKS:
- www.axionspatial.com - Investor Relations: Richard Diotte; Alliance Strategic (A.S.P.) Inc.; Tel:418-527-3362; Fax:418-527-3870; Email: profile@total.net - Ian Basford, President Axion Spatial Imaging 1-888-642-9466 email: ianb@axionspatial.com
Our Website: come.to
For updates on AXON and new profiles:
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